This article describes a draft law. It is not tax advice.

At a glance

  • Greece would tax individuals’ gains from transferring crypto-assets at 10%, with net gains of up to €500 per tax year exempt, under a draft bill the finance ministry put to public consultation.
  • The consultation closes at 10:00 Athens time (07:00 UTC) on 22 Oct. The ministry aims to have the bill passed by parliament in the first week of November.

Greece’s Ministry of National Economy and Finance proposed a 10% crypto gains tax for individuals in a draft bill it put out for consultation, the ministry said on 7 Oct.

“The capital gains of individuals from the transfer of crypto-assets will be taxed at a rate of 10%,” the ministry said in its statement (translated from Greek). It said the rules would close a legislative gap and increase tax certainty.

The gain would generally be the difference between the acquisition price and the transfer price, according to the ministry. The draft sets rules for documenting transactions and for using an average acquisition cost when the same asset is bought in several lots.

Exchanging one crypto-asset for another would not create a taxable gain, the ministry said. Yields from lending, providing liquidity and staking would be taxed as interest, also at 10%.

What the crypto gains tax draft also covers

The crypto measures sit inside a broader bill that mainly deals with loan servicers and debtor protection, according to the release. Its crypto section also proposes:

  • Past gains: a voluntary declaration of gains from earlier transfers within 12 months of the law’s publication, without fines or interest, under conditions the bill sets out.
  • Inheritance and gifts: crypto-assets treated as intangible movable property located abroad, valued in euros on the day before the tax liability arises.
  • Benefits in kind: crypto given to employees, partners or shareholders valued at its euro value when received.
  • Spending presumptions: crypto purchases counted as asset-acquisition spending under Greece’s presumptive-income rules, which compare declared income with spending.
  • No transaction duty: no Digital Transaction Duty charged on crypto sales.

It is difficult to estimate the size of Greece’s crypto market because most investors use platforms based abroad, CoinDesk reported, citing Reuters. Officials have not projected revenue from the tax, according to the same report.

The proposed rate would be among the lower ones in the European Union, CoinDesk said. It noted that Germany, France and Italy set, or plan to set, rates above 25%.

Since 1 Jan 2026, crypto-asset service providers in the EU have had to collect user data for tax authorities under DAC8, the EU directive on administrative cooperation in tax matters. CryptoWatchDesk has also explained how India taxes crypto gains, where the rate is 30%.

What happens next

Comments on the draft can be submitted until 22 Oct. The ministry said it intends to table the bill in parliament and have it voted on in the first week of November.

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Produced by the Crypto Watch Desk newsroom using AI tools. This article is for information only and is not investment advice.